Extra £100m of funding ‘to be unlocked’ by British Business Bank

ANOTHER £50m of finance will be made available to businesses through the British Business Bank by the Government, which it expects will be doubled by match funding.

The money will be made available to regionally-focused commercial lenders, and through private-sector match-funding this is expected to unlock up to £100m of new lending for regional businesses through the likes of local banks and debt funds.

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